|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||1.40 - 1.44|
|52 Week Range||1.37 - 2.78|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.12 (8.39%)|
|1y Target Est||N/A|
In its third quarter conference call, Teekay Tankers (TNK) gave insights on the tanker market, how it fared in the third quarter, and the outlook for the coming quarters.
Frontline (FRO) is scheduled to release its 3Q17 results on November 22, 2017. Among its peers, Frontline is one of the last to release its 3Q17 earnings.
In week 45, which ended on November 10, 2017, Teekay Tankers' (TNK) target price was cut to $1.3 from $1.6 by Bank of America Merrill Lynch.
On November 10, 2017, the average bunker fuel price was $417 per ton—compared to $398 per ton on November 3, 2017.
Here's what happened in October to Teekay Corp., affiliate Teekay Tankers Ltd., and offshore drillers Noble Corp. and Ensco PLC.
Nordic American Tankers’ voyage revenue in 3Q17 amounted to $55.6 million—compared to $74.4 million in the previous quarter and $71.7 million in 3Q16.
In week 44 (week ending November 3), Wells Fargo reduced the target price for Nordic American Tankers (NAT) to $3.5 from $4.
In week 44, many of the crude tanker stocks traded in the red. Only Frontline and Navios Maritime Midstream Partners traded in the green.
The Hamilton, Bermuda-based company said it had a loss of 12 cents per share. Losses, adjusted for non-recurring costs, were 8 cents per share. The results topped Wall Street expectations. The average ...
In the 40th week of 2017, the BDTI fluctuated between 758 and 776. However, on the last day of the week, the index stood at 776, where it was at the start of the week.
Wall Street analysts estimate that Teekay Tankers’ (TNK) revenue will be ~$70.3 million in the third quarter of 2017 compared to $89.3 million in 2Q17 and ~$104 million in 3Q16.
In week 39, the week ending September 29, the BDTI rose to 776 from 772. In week 38, the index rose by 28 points. It rose for the fifth consecutive week.
Oil prices are back in bull market territory. Brent crude oil traded at $59 per barrel on September 25—its highest level in two years.